Alibaba Cloud revenue reaches $1.5B for the quarter on 62% growth rate
Alibaba issued its latest earnings report yesterday, and the Chinese eCommerce giant reported that cloud revenue grew 62 percent to $1.5 billion U.S., crossing the RMB10 billion revenue threshold for the first time.
Google to restructure Cloud business, with some roles eliminated
Google is restructuring its Cloud group internally, which will include eliminating some roles, a Google spokesperson confirmed to CNBC.
Google Cloud CEO Thomas Kurian is taking a page from the enterprise sales handbook against Amazon and Microsoft
Google Cloud is turning to a traditional enterprise sales model as it takes on front-runners Amazon and Microsoft: separate services by industry and go straight to c-suites.
Judge temporarily blocks Microsoft Pentagon cloud contract after Amazon suit
A federal judge Thursday ordered a temporary block on the JEDI cloud contract, which was awarded to Microsoft, in response to a suit filed by Amazon. Shares of Microsoft fell on the news, while Amazon’s stock was down slightly.
Amazon wants to question Trump after losing $10 billion Pentagon cloud contract
WASHINGTON — Amazon is seeking to depose President Donald Trump, Defense Secretary Mark Esper and former Defense Secretary James Mattis over a $10 billion Pentagon cloud contract awarded to Microsoft.
Cloud software vendor Snowflake is valued at $12.4 billion, with fresh capital from Salesforce
Snowflake, a developer of cloud-based technology for storing and analyzing data, is now worth $12.4 billion, making it one of the most valuable venture-backed companies in Silicon Valley.
More Cloud, More Hacks: Panic Or ‘Keep Calm And Carry On’?
It has been just about a decade since cloud technologies arrived, and we are in a phase of fast adoption, with cloud-specific spending expected to rise by more than six times the rate of general IT spending through 2020 (McKinsey).
Alphabet discloses YouTube ad revenues of $15.15 billion, cloud revenues of $8.92 billion for 2019
Google broke out numbers for its YouTube and cloud businesses for the first time in its fourth-quarter 2019 earnings report Monday. But the disclosure was limited in scope, making it difficult to gauge the profitability for those businesses.
Europe has a plan to break Google and Amazon's cloud dominance
By now, you’ve likely come to terms with the fact that escape from Jeff Bezos is impossible. You may have weaned yourself off that sweet sweet next day delivery, procuring all your worldly needs from a boutique array of small local shops, but if you venture online, Bezos still wins – cutting out Amazon’s cloud computing services renders the internet literally unusable.
Microsoft Is Winning The ‘Cloud War’ Against Amazon: Report
Topline: Microsoft is now the most popular cloud services supplier and is steadily gaining market share against major competitors like Amazon, according to a new survey from Goldman Sachs about the current state of a trend that is reshaping the technology industry.
Video Streaming Platforms And The Benefits Of Cloud
Video streaming has come a long way from the old days when transferring video wasn’t even possible on the Internet.
Amazon sues Pentagon over $10B contract awarded to Microsoft
Amazon said it filed a legal complaint Friday with the U.S. Court of Federal Claims seeking to challenge the decision.
Muted launch for Google's game-streaming service Stadia
Google’s new game-streaming service Stadia demonstrates the possibilities of gaming from the cloud, but experts say it’s hindered by a lack of compelling video games and a convoluted pricing scheme.
IBM And Bank Of America Are Developing A Financial Services-Ready Public Cloud
Most of my cloud analysis has consisted of horizontal IaaS, PaaS and SaaS solutions.
Google Acquires CloudSimple To Bring VMware Customers To Its Cloud
Google today has announced it has acquired VMware-as-a-Service provider CloudSimple for an undisclosed sum.